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" ... Abundant Housing LA, where I visited in December, might symbolize the upward potential of the Yimby movement, which leans young and progressive anyway. The group was opened up to grassroots membership just five months ago by several entrepreneurs in their 20s and 30s. Nonetheless, says director and local housing developer Brent Gaisford, "we've grown to more than 400 members who actively support affordable and market rate housing developments, as well as advocate for upzoning." The group hopes to soon form a think tank that publishes policy papers targeting particularly odious Los Angeles regulations, such as the city's insistence on maintaining vast swaths of industrial zoning despite its largely post-industrial economy. ... "
" ... Freemark identifies two key mechanisms by which upzoning acts to increase prices. First, the fact that upzoning registered so quickly in higher prices is a signal that land prices respond rapidly to the ability to build more units, which translates into money in the pockets of incumbent landlords. Second, the large effect of reduced parking minimums on the value of vacant land means that the biggest impact of zoning liberalization is on land that is ripe for development anyway. As Freemark puts it bluntly: “[T]he short-term, local-level impacts of upzoning are higher property prices but no additional new housing construction.” ... "
" ... Simply put, upzoning allows policymakers to get more heads in beds across the housing spectrum, and that’s great news for advocates of multi-family construction, shared housing and affordable housing who preach that “bedrooms are for people” in order to maximize space. ... "